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Diaspora Business Centre

Date Shared: 
Monday, February 10, 2014 - 10:45
Countries and areas: 
Netherlands, Ghana, Kenya, Somalia, Sri Lanka
2030 Agenda migration-relevant and related target Labels: 
Goal 10: Reduced inequalities - 10.c on remittances costs reduction
Targets that could benefit from the potential of migration and migrants
GCM Thematic Cluster Areas: 
Objective 19: Create conditions for migrants and diasporas to fully contribute to sustainable development in all countries
Objective 20: Promote faster, safer and cheaper transfer of remittances and foster financial inclusion of migrants
Contributors: 
Business
Chairmanship: 
Mauritius 2012
Tags: 
Migration, Trade and Investments, Remittances, Capacity Building, Diaspora Investment and Entrepreneurship, Livelihoods and Job Creation, Legal Frameworks on Migration
Summary: 

This objective is to make diaspora investment and remittances more productive and effective and to connect western markets and emerging markets.

The Diaspora Business Centre is a one stop shop that combines business and social interests, paired with professional know-how by diaspora experts.

Their activities entail the following:

  • Business development and sales planning;
  • Project development, including financing and funding issues;
  • Project development and project management;
  • Business partner search and match making;
  • Developing strategies for marketing, sourcing and distribution including import and export;
  • Project management, including assistance in implementation and on operational issues;
  • Determination and management of cross border budgets and sales;
  • Advising commercial companies on social entrepreneurship and investment into social returns through Corporate Social Responsibility at local and international level;
  • Policy studies, evaluations and implementation;
  • Business process outsourcing;
  • Supporting Diaspora in business development and business start-up in countries of origin;
  • Joint venture creation;
  • Acquisition: both in the private sector (European and African), and in the public sector (national and EU levels). Includes Benelux and UK.
Link: 

For more information: 

GFMD Source: 

GFMD 2012 - Report of Proceeding 

GFMD 2013-2014 - RT 2.2 Background Paper "Facilitating positive development impacts of diaspora engagement in skills transfers, investments and trade between countries of residence and origin"

GFMD 2018 - Recommendations to the 2018 High-Level Political Forum